Amazon founder backs  British freight logistics firm

Amazon founder backs British freight logistics firm

Amazon founder Jeff Bezos backs British freight logistics firm in £12m fundraising

Published: 17:20 EDT, 31 May 2020 | Updated: 17:20 EDT, 31 May 2020

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Amazon founder Jeff Bezos has backed a British freight logistics firm in a £12m fundraising. 

The 56-year-old tycoon joined other investors in London-based Beacon. The deal will be announced today, with Silicon Valley venture capital firm 8VC also taking part. 

Opportunity: Jeff Bezos joined other investors in London-based freight logistics firm Beacon

Opportunity: Jeff Bezos joined other investors in London-based freight logistics firm Beacon

Opportunity: Jeff Bezos joined other investors in London-based freight logistics firm Beacon

Other backers include former Google boss Eric Schmidt and Uber founder Travis Kalanick. 

The company is a ‘freight forwarder’, organising freight movement but using agents to physically transport goods. Its bosses include technology chief Pierre Martin .

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